A pair of senators on Tuesday introduced a bill meant to promote more open transfers of data across borders and to put digital trade issues high among the president's priorities.
The U.S. Department of Commerce has determined that a manufacturer in Mexico sold its high-carbon steel wire used in rail ties at less than fair value in the U.S., increasing the likelihood that anti-dumping duties could be imposed on the product.
The U.S. International Trade Commission said Friday that it will not lift long-standing anti-dumping duties on low-enriched uranium, or LEU, from France, finding that the duties are still needed to protect U.S. producers of nuclear fuel.
The U.S. International Trade Commission will review an administrative law judge’s determination that some HTC Corp. smartphones infringed two Nokia Corp. patents, saying Monday it will reconsider the judge’s striking of expert testimony and findings on claim construction and infringement.
Potential provisions in the Trans-Pacific Partnership on drug patent protections and the length of copyright terms came under fire recently, with Democratic lawmakers, library associations and consumer groups voicing concern over proposals that are currently on the table.
New York regulators and two federal agencies said Wednesday that The Royal Bank of Scotland PLC will pay $100 million to settle allegations that it did business with Iran, Sudan and other regimes subject to sanctions in a deal that appeared to help the financial giant avoid worse criminal jeopardy.
South Korea on Friday asked the World Trade Organization to convene a panel to hear a dispute over U.S. tariffs on imported washing machines, pushing forward a challenge to the U.S.' use of a controversial method to calculate the duties.
Operating at the critical nexus of international trade law and patent litigation, Quinn Emanuel Urquhart & Sullivan LLP partner Paul Brinkman relied on diligent preparation and keen foresight to land high-profile wins for tech giants such as Samsung Electronics Co Ltd., earning him his first appearance on Law360's list of International Trade MVPs.
The Container Store Inc. asked the U.S. Court of International Trade to overrule the U.S. Customs and Border Protection’s classification of some of its storage unit parts, arguing Tuesday that a 2011 decision should retroactively apply to cases that are still open or being processed.
The U.S. Court of International Trade has shot down Belimo Automation AG's argument that certain imported components used in heating, cooling and ventilation systems should have faced a lower tariff rate, according to a ruling made public Tuesday.
A Chinese national was sentenced Tuesday in New York federal court to 57 months in prison for violating the International Emergency Economic Powers Act by attempting to export military-grade carbon fiber — which is highly regulated by the U.S. Department of Commerce — from the U.S. to China.
Secretary of State John Kerry on Tuesday strongly defended the Obama administration's recent preliminary pact with Iran providing limited relief from financial sanctions in exchange for concessions on its nuclear program, despite heavy opposition from lawmakers.
The European Union on Monday adopted World Health Organization guidelines meant to crack down on illegal tobacco trade by controlling and tracking the supply and movement of tobacco products.
A pair of Democratic lawmakers on Tuesday vowed to oppose “fast-track” trade authority that would limit congressional input on trade talks, joining union and environmental group officials who criticized negotiations for proposed agreements like the Trans-Pacific Partnership as being too secretive.
Trade ministers for the 12 countries negotiating the Trans-Pacific Partnership emerged from four days of meetings in Singapore on Tuesday reporting “substantial progress” in the talks, but signaled they wouldn't be able to strike a deal before the end of the year.
The U.S. Department of Commerce announced Tuesday that it will delay the preliminary ruling in its investigation into whether imports of monosodium glutamate from China and Indonesia have received illegal government subsidies, citing the extreme complexity of the case.
A World Trade Organization agreement to cut red tape at borders and support trade in developing countries is estimated to boost the world economy by billions of dollars, but experts believe the bigger victory is the signal it sends that the WTO can reach consensus after years of failure.
A German engineering firm will pay $32 million to resolve allegations it breached the Foreign Corrupt Practices Act by bribing Nigerian government officials in an effort to score a $387 million natural gas pipeline contract, federal officials announced Monday.
A leading machinists union urged Congress on Monday to slow the government's rush to adopt the Trans-Pacific Partnership, a trade agreement union leaders say is being brokered through back-room negotiations and could lead to a massive loss of American jobs.
Iran Foreign Minister Javad Zarif over the weekend reportedly said that the nation's recent interim deal with the U.S. and other world powers to halt portions of its nuclear program would be doomed if the U.S. Congress imposed new punitive sanctions on his country.
For the time being, patience and compliance are the only options for U.S. medicine and medical device manufacturers who require licenses to export their products to Iran. Waiting for an export license may be difficult, but the consequence of not having one can be a bitter pill to swallow, say attorneys at Reed Smith LLP.
The time to be concerned about dealing with an international arbitration begins well before a claim is filed — during the contract-drafting stage. At that point, critical decisions that may have serious consequences on the outcome of the arbitration are made, says Oleg Rivkin of Carlton Fields PA.
Had the U.S. International Trade Commission's pilot program been applied in 2007, and had each case through 2011 been subject to early resolution on domestic industry, importation or standing, the agency could have saved a considerable amount of time, effort and money by fully resolving eight cases, saving an average of 286 days per investigation, says Andrew Clarke of ARPC.
In light of the proposed e-discovery amendments to the Federal Rules of Civil Procedure, businesses need to set themselves up to efficiently respond to discovery and requests for information from their counsel by implementing and following document-control policies as part of normal business practices. The failure to do so will eventually consume vast amounts of employee time, say Steven Cvitanovic and Colin Murphy of Haight Brown & Bonesteel LLP.
The benefits of foreign revenues are clear, but international expansion also carries some significant risks. Companies that understand the complex anti-corruption and export control laws, especially where they intersect with one another, and plan ahead for compliance will position themselves for long-term success, say Scott Maberry and Mark Jensen of Sheppard Mullin Richter & Hampton LLP.
The U.S. Securities and Exchange Commission has generally not concerned itself with improper conduct involving embargoed countries. But the SEC’s complaint in the recent Weatherford International Ltd. case suggests that the agency takes the position that inaccurate accounting of transactions with embargoed countries can result in violations of the Exchange Act, say attorneys with Ropes & Gray LLP.
The European Commission’s recent proposal to establish a common definition of "trade secrets" and set of remedies in all 28 EU members states is likely to increase confidence that this element of intellectual property policy can be addressed effectively in the trade agreement currently in negotiation between the EU and U.S., say Jan-Diederik Lindemans and Mark Klapow of Crowell & Moring LLP.
The next few days of the Bali trade ministerial may very well determine whether the World Trade Organization can re-establish its relevance to the global trading system in addressing the rules of the evolving trading environment. Meanwhile, there has been an unfortunate erosion of transparency at the WTO, which is particularly problematic at this critical juncture, says Terence Stewart of the Law Offices of Stewart and Stewart.
While there are valid reasons to consider using an escrow service in certain international trade transactions, exporters should be aware of some of the risks involved. Most importantly, exporters must understand a few key differences between escrow services and letters of credit, says Jacob Manning of Dinsmore & Shohl LLP.
Because Latin American countries differ substantially from one another, there is no effective one-size-fits-all approach to anti-corruption compliance in the region. That said, companies doing business in the region should be aware of a number of recurring compliance concerns that may lead to an increased risk of violating the FCPA or other applicable anti-bribery laws, say attorneys with Debevoise & Plimpton LLP.